Climate change is one of the most pressing and defining global issues today. In the face of this situation, SM Prime aligns with the principles of sustainable development and works with the public sectors to explore the path of sustainable development to safeguard the welfare of the people.

“I constantly encourage the private sector to work closely with the government. This way, we can be more cohesive in our efforts to make more meaningful progress towards a better and sustainable future. As a private enterprise, SM Prime will continue to do its share in addressing climate change for the benefit of communities,” said Hans T. Sy, SM Prime Holdings Chairman of the Executive Committee.

Mr. Hans T. Sy

Water conservation

For one, the property conglomerate embarked on a campaign to substantially reduce its water consumption. It pioneered the installation of sewage treatment plants at the beginning of the 21st century. Today, its sewage treatment plants recycle 8.7 million cubic meters of water, lessening its dependence on fresh water sources for air conditioning operations, gardening, water closet flushing and other non-potable uses. 
SM Prime’s water catchment basins across 20 SM malls can also catch and store almost 79 million liters of water in total every time it rains, or as much as 32 Olympic-sized swimming pools.
By controlling the flow of flood water, surrounding communities have been provided more protection against the devastating effects of floods.

Renewable energy

SM Prime continues to explore ways to promote environmental consciousness in its operations and developments to minimize environmental impact.
In 2014, SM Prime achieved an important milestone in the country with SM City North EDSA becoming then the world’s largest solar-powered mall. Today, SM Prime is adding eleven more malls with solar roof decks.

 

Solar rooftop at SM City North EDSA

SM Prime is committed to increase the use of renewable energy by 50% in 2022 across its various business segments.
Through these efforts, SM Prime is committed to provide affordable and clean energy to its tenant-partners, minimizing the carbon footprint emission in its operations.

Collaboration toward resilience

As a key figure in the private sector, Mr. Sy and his dedication to environmental protection continues to serve as a testament to how businesses can usher positive change toward disaster resilience and risk reduction management.  
In 2012, Mr. Sy joined the United Nations Private Sector Advisory Group (PSAG) for Disaster Reduction. In 2015, he was also inducted as a member in UNDRR ARISE (Private Sector Alliance for Disaster Resilient Societies) International Board… continues to work in the direction of international multi-sectoral cooperation to jointly address the complex challenges caused by natural disasters.
“Climate change is looming over our Mother Earth. If we can contribute no matter how little and if I can get everybody to be aware of it, I think we will make an impact. It’s never too late,” said Mr. Sy in a video interview for the 50 Sustainability & Climate Leaders initiative.